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Butn Surges with Record $3.6M Revenue and $41.6M Platform Originations
8:29am on Tuesday 28th of January, 2025 AEDT
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Financial Services
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Butn Surges with Record $3.6M Revenue and $41.6M Platform Originations
8:29am on Tuesday 28th of January, 2025 AEDT
Key Points
Record quarterly revenue of $3.6 million, up 11% year-on-year
Platform originations hit $41.6 million, a 16% increase on prior year
Third consecutive quarter of positive operating cash flow at $0.3 million
Net operating costs reduced by 15% compared to previous corresponding period
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